Electoral bonds of Rs 10 lakh, Rs 1 cr dominate donations: RTI application

Almost 99 per cent of donations received by political parties between March 2018 and January 24, 2019 were as electoral bonds of Rs 10 lakh and Rs one crore, a social worker has reportedly found through a right to information (RTI) application.

Donors purchased bonds worth Rs 1,407.09 crore of which Rs 1,403.90 crore were in the highest denominations of Rs 10 lakh and Rs one crore during the period, said Chandrashekhar Goud, who get the data from the State Bank of India (SBI) through an RTI query.

The donors bought 1,459 electoral bonds of denomination of Rs 10 lakh